Showing posts with label report. Show all posts
Showing posts with label report. Show all posts

Wednesday, June 4, 2014

" EKG" Real Estate Market Report for Montgomery County Maryland

 How is the Real Estate Market Today? 

You'll find a lot of chatter out there where numbers get twisted to make someone's point that ends up just confusing consumers. 
Averages, New Contingents, New Pendings, Attached Units, List Price vs Sold Price, Percent of SP and OLP Ratios... etc, etc. . .
Let me tell you a secret, there are only two numbers you should pay attention to...
if you are considering buying or selling real estate and want to be strategic about it
How many new listings come in? . .
and how many listings go out as "SOLDS" every single month?
As an example, If 1000 listings come into the market in one month and only 500 sells, there is a surplus of 500 homes that month.
That is considered a BUYER'S MARKET (There is a SURPLUS of 500 homes)
However, if 500 listings come into the market and 1000 are SOLD that same month That is considered a SELLER'S MARKET ( There's a DEFICIT of 500 homes) 
Take a look for yourself to what is going on in Montgomery County MD Real Estate today below. . .
if you are considering buying or selling real estate and have the time to plan, being strategic is an intelligent move for you.
*Data Source: MRIS
 April 2014 Real Estate Market Ststs

Sunday, April 13, 2014

Montgomery County Maryland Real Estate Market Report Spring 2014 [infographic]

Montgomery County Real Estate Market Report

Most homeowners across Montgomery County in Maryland have been enjoying an upswing in their home values, and home-sale prices are expected to continue rising for at least the next several months.
Spring is here - buyers and sellers are on their way to be more active.
Interest rates still are under an affordable 5% rate that will be watched closely in 2014. An upswing in interest rates could be very harmful to our  young real estate market recovery.

Montgomery County Maryland
If you are looking to buy in 2014, our recommendation is to start early rather than later. Interest rates are very fragile in our market right now and could change dramatically at any time.
If you are looking to sell in 2014, our recommendation is to be realistic and don't take chances on the marketing of your home plus the pricing, These two elements goes together hand on hand for a successful sale.
Remember, in Montgomery County Maryland for 2013.... 25.1 of listings did not sell and went expired...that is one out of four houses!
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Montgomery County Latest Home Listings

11705 GAIL STREET, Silver Spring MD 20902
$301,000

11705 GAIL STREET, Silver Spring

Calendar Days 1-7: All offers will be rejected. We want REO's to have exposure to the market and potential buyers. The day after the property is listed is counted as Day ...
  • Beds 4
  • Baths 3.0
  • MLS MC8318401

7627 CREEKSTONE COURT, Gaithersburg MD 20877
$314,900

7627 CREEKSTONE COURT, Gaithersburg

See the potential in this great home! Gleaming hardwoods on main level, pristine carpet upstairs. All in a sought after location, close to 270 and major commuter routes...
  • Beds 4
  • Baths 3.0
  • MLS MC8318394

4405 MAHAN COURT, Silver Spring MD 20906
$329,900

4405 MAHAN COURT, Silver Spring

Well-maintained home with many upgrades! Andersen windows. Kitchen w/corian counters, cooktop, new refrigerator. Updated baths with ceramic tiled floors. New storm doors....
  • Beds 3
  • Baths 2.0
  • MLS MC8318424

14710 WEXHALL TERRACE Unit #17-181, Burtonsville MD 20866
$234,900

14710 WEXHALL TERRACE Unit #17-181, Burtonsville

Stunning 3 level TH condo tucked away in a private corner. Renovated eat in kitchen w/ granite counters & backsplash, newer cabinets w/ under mount lights & appliances, S...
  • Beds 3
  • Baths 4.0
  • MLS MC8317986
  • Bldg. Townes Of Glouce

Montgomery County Real Estate Market Report

Monday, January 27, 2014

Infographic | Montgomery County Real Estate Report

Montgomery County MarylandReal Estate Market Report for December 2013

montgomery County Market Report

            Source: RBI Market Stats

As 2013 ends, the housing market in Montgomery County Maryland continues to improve.  

During December, our area  recovered from the slowdown that occurred in November due largely to the shutdown of the Federal Government. Our economy is very closely related to the Government actions ...positive or negative. .and it showed everywhere in our region.

If you are a BUYER

The longer you wait, the higher the percentage of your loan. .prediction for 2014 is a slight increase of interest rates.

If you are a SELLER

It mean more competition for you and never before has pricing been so paramount to the success of selling a house. .

A Sample of Montgomery County Home Listings

9823 SAILFISH TERRACE, Gaithersburg MD 20886

$245,000

9823 SAILFISH TERRACE, Gaithersburg

Come see this beautiful 2-story, garage townhome with fireplace, loft, hard wood floors, built-in microwave and neutral d~cor. Perfect for all tastes. Attached garage f...

  • Beds 2
  • Baths 6.0
  • MLS MC8260403

 

8509 SHADY PINE CIRCLE, Montgomery Village MD 20886

$405,000

8509 SHADY PINE CIRCLE, Montgomery Village

Contract fell through! Charming 3 BDRM,3FBTH home in "The Downs" of Montgomery Village. This light filled, open floor plan home features a wood burning fireplace in the l...

  • Beds 3
  • Baths 3.0
  • MLS MC8156915

 

8432 TEA ROSE DRIVE, Gaithersburg MD 20879

$405,000

8432 TEA ROSE DRIVE, Gaithersburg

Gracious Colonial in Flower Hill: Two-Story foyer,4bdrms,3.5 baths,3 full/finished lvls,large/table-space kitchen w/granite counters,front porch & sizable deck. Exquisite...

  • Beds 4
  • Baths 4.0
  • MLS MC8260348

 

15 CRESTED IRIS COURT, Montgomery Village MD 20886

$254,000

15 CRESTED IRIS COURT, Montgomery Village

For the luxury minded buyer. Renovated to the tiniest detail. Features include a garage, gas fireplace, renovated baths, pergo floors, glass tile, granite, new appliance...

  •  

8 PARK OVERLOOK COURT, Bethesda MD 20817

$925,000

8 PARK OVERLOOK COURT, Bethesda

Expanded, remodeled, location within location....2 story addition with Master bedroom suite, Multipurpose Room and Hot Tub, Anderson windows and doors, this is a must see...

  • Beds 5
  • Baths 4.0
  • MLS MC8259955

 

9932 FLEMING AVENUE, Bethesda MD 20814

$1,180,000

9932 FLEMING AVENUE, Bethesda

NEW HOME IN BETHESDA! 5 BED & 41/2 BATH High ceiling foyer, bright, Open Fl. Plan w/ Beaut HWD Floors, Din, Gourmet Kitch w/Lrge Island, FP, Granite countertop/Stainless ...

  • Beds 5
  • Baths 5.0
  • MLS MC8178497

  

Search Montgomery County Homes For Sale HERE 

Friday, January 3, 2014

Clarksburg-Boyds Housing Projects for 2014 in Montgomery County Maryland

Clarksburg-Boyds Housing Projects for 2014




There is a lot of money being being shuffle around by developers with the Montgomery County Council’s review of larger retail and housing projects around  the Ten Mile Creek watershed in the Clarksburg -Boyds area.

The Ten Mile Watershed near Clarksburg - Boyds area is the reason what the county Council has delayed the decision  to give new Construction developer Pulte Homes the OK to go ahead and build 1,000 residential units west of Interstate 270 in Boyds

The  Ten Mile Watershed near Clarksburg - Boyds is a creek that drain directly to Little Seneca Lake, an emergency backup water supply for our region during droughts.

"Opposition to the development of our area argue that water drainage from all of this new construction could pollute Little Seneca Lake and reduce the water supply capabilities for our area"

To compliment the new influx of residents to this new area in Clarksburg - Boyds; another company has also asked permission to build a mixed-use Tanger fashion outlet center with restaurants, offices and housing just right off east of I-270 exit #18.

village homes

The two Montgomery County Council’s review that will participate in giving the OK for these two major projects are the Planning, Housing, and Economic Development and the Transportation, Infrastructure, Energy & Environment committee.

They are set to meet in January 13th, 17th  and January 24th to make a decision if the projects pose an environmental threat to the Ten Mile Creek watershed

The major player that tends to gain a lot from all of this is Pulte Homes, They own the land and they have threatened to sue the County if they are rejected.

"Between Pulte Homes 1000 new housing units and the mixed-use Premium fashion outlet that has been proposed, our area in Clarksburg will grow tremendously in the next few years"

I can't argue about the environmental impact for this huge project being proposed, I don't have the facts and I trust our leaders will make the right decisions

I do however live in Clarksburg, and I know the impact that will be created by the increase of traffic in our area.
A priority in my opinion is that Clarksburg Town Center needs to go ahead and fulfill their promises to finish building their revised plan that consists of development of the center with a full-sized supermarket, county library and other amenities. .these were promises when they were given the original permission to build there.

Fact is that , 2014 and beyond promises an increase of traffic that will have to be addressed  by our county leaders.
Can I-270 take an additional  influx of 1000 families more?
When you also consider the addition of hundreds more for the areas in and around  Clarksburg Village ...there will many more residents coming to this area.?

The Clarksburg Master Plan (which governs the growth of the city) directly targets Clarksburg to become the single most northern active population center along the I-270 corridor. If you are considering a new place to live in Montgomery County Maryland. .despite of all the uncertainties . .The Clarksburg community still should be an easy choice for many reasons.


Sample Listings around  Clarksburg Village

COUNTRY SQUIRE WAY, Clarksburg MD 20871
$604,900

COUNTRY SQUIRE WAY, Clarksburg

To-be-built. The new windsor at clarksburg village. New lots released! Come see our new model home! Walk-out lots available. Some lots backing to woods. Clarksburg villa...
  • Beds 4
  • Baths 4.0
  • MLS MC8239699
22804 GLACIER LILY DRIVE, Clarksburg MD 20871
$492,990

22804 GLACIER LILY DRIVE, Clarksburg

STUNNING John Steinbeck to be built to your specifications for an estimated Spring 2014 delivery in the amenity rich Clarksburg Village featuring 2,200 sq ft, 4 BR, 2.5, ...
  • Beds 4
  • Baths 3.0
  • MLS MC8238880
22616 SHINING HARNESS STREET, Clarksburg MD 20871
$512,990

22616 SHINING HARNESS STREET, Clarksburg

STUNNING James Michener to be built for estimated Spring 2014 delivery featuring 2,550 sq. ft. with 4 BR, 2.5 BA, and a 2nd level laundry in the amenity rich community o...
  • Beds 4
  • Baths 3.0
  • MLS MC8238878
22817 GLACIER LILY DRIVE, Clarksburg MD 20871
$519,990

22817 GLACIER LILY DRIVE, Clarksburg

STUNNING AGATHA CHRISTIE to be built to your specifications in the amenity-rich community of Clarksburg Village for an estimated Spring 2014 delivery featuring spacious, ...
  • Beds 6
  • Baths 1.0
  • MLS MC8238870

Clarksburg-Boyds Housing Projects for 2014